Texas Instruments BA II Plus Financial Calculator
by Texas Instruments
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Digital Cameras Photo Reviews of Texas Instruments BA II Plus Financial Calculator
Customer Review: Good calculator
Summary: 4 Stars
if you are taking the CFA and are accustomed to using a robust and easy to use calculator, no doubt you will be very dissapointed to have to use one of the two models the CFA allows.
if you have no experience using the HP model allowed by the CFA, i highly recommend using the Texas Instruments model. it is way more intuitive and similar to today's easier to use calculators than the HP model. the HP model is a throw-back to a past generation of calculators.
one has enough to study without adding how to use the calculator.
ironically, if you know or are accustomed to using HP's fancier and easier to use calculators, the Texas Instruments model - and not the HP model - is the most similar.
Customer Review: man, this thing's annoying
Summary: 3 Stars
If not for the fact that this calculator is required for the CFA i don't know why anyone would buy it.
It takes many, many keystrokes to get simple things done, and let's face it, in the real world i'd much rather work out a complex NPV calculation in excel where i can see what i'm doing step by step rather than some arcane series of keystrokes where one mispressed key will screw everything up.
Also, my unit suffered from poor battery life, which i assume is a manufacturing defect.
A word of advice for students who can use a more advanced calculator: get a ti-83 or similar, learn to use it, and you'll be much happier. I find myself using the ti-83 i got in college rather than my financial calculator all the time.
Customer Review: BE CAREFUL
Summary: 2 Stars
Be careful when buying this calculator.
You have to open the whole casing to change the battery.
I personally do not understand why this calculator is chosen for the CFA exam. Unscrewing and prying open the calculator can be challenging.
As my CFA exam is coming, I practiced changing my battery when two weeks ago the calculator when short circuit and was no longer able to calculate I/Y for NPV calculations.
Can you imagine what happened if this is already in CFA test situation?!? Bummer
I may have to bring two TI BA II for the test just in case.
If you aren't planning to take the CFA test, I'd strongly recommend getting another Financial calculator.
Customer Review: It's what it is, a calculator.
Summary: 4 Stars
I needed a calculator for the CFA exam, and this is one of the two acceptable options. It accomplishes all the basic required functions that you'll need for the exam, and its inputting seems more logical than the HP counterpart. With that said, it seems like the HP is the more "respected" calculator in the investment world, so if you'll stand out a bit if you have this model.
In terms of design it works fine, except you need to push the keys a little harder than I would like (I'm literally punching the keys before they are registered).
Once the CFA is over though, I don't really see this getting much use, unless I'm hard pressed to calculate NPV on the spot! Doubtful.
Customer Review: Impressive and also Enfuriating
Summary: 3 Stars
It's great that there is a $27 calculator which can do pretty much any financial calculation you need, and do it faster than the HP 12c, AND it is algebraic to be more compatible with the plebians, AND it is allowed on the CFA exam. BUT, if you use this for any extended time (i.e. if you need it for anything more than a single semester), I recommend getting either the better-feeling but identical BA II Plus Pro for $45, or the Darth Vader HP 12C. The cheapness and bad display and stupid cardboard tipsheet of the standard BA II Plus will drive you mad. If you are intimidated by RPN on the 12c, get the Platinum edition which offers both algebraic and Polish options.